Latest Artificial intelligence News: Finextra Research

Company update/retail

Northern Credit Union to deploy Scienaptic AI credit decisioning platform

Leading global AI-powered credit decision platform provider, Scienaptic AI announced the deployment of its platform at Northern Credit Union.

02 June 2021

Research/Artificial intelligence

Sustainable Finance Live - Valuing Nature: Better Assessing Financial Risk

02 June 2021 80 downloads

News/startups

Truebill raises $45m for PFM app

Personal finance app Truebill has raised $45 million in a Series D funding round led by Accel and joined by Bessemer Venture Partners, Cota Capital and Eldridge Industries.

01 June 2021

News/retail

After 'awful' AI tweets, Lemonade says it doesn't use phrenology

Insurance unicorn Lemonade has scrambled to reassure customers after a tweet thread boasting about its AI prowess led to worries that it was treating claimants differently based on physical characteristics.

28 May 2021

Company update/wholesale

Quantexa doubles revenues

Quantexa, the data and analytics software company pioneering Contextual Decision Intelligence (CDI), today announced it more than doubled revenues during fiscal year 2020, with 67% coming from new client wins.

28 May 2021

News/security

Fraudio raises $3.3m for fraud prevention platform

Fraudio, a Dutch startup that has developed a cloud-native centralised AI-powered payment fraud detection system, has raised $3.3 million in seed funding.

28 May 2021

Company update/cloud

Temenos unveils Banking Cloud platform

Temenos (SIX: TEMN), the banking software company, is accelerating its leadership in the cloud by introducing the next-generation in SaaS, The Temenos Banking Cloud.

26 May 2021

Company update/retail

Community 1st Credit Union chooses Scienaptic for AI-powered credit decisioning

Leading global AI-powered credit decision platform provider, Scienaptic AI announced that Community 1st Credit Union has selected its AI-powered platform to enhance and augment its credit decisioning and underwriting capabilities for new and prospective members.

24 May 2021

Company update/cloud

Sberbank works with Intel to provide oneAPI for AI development over Sbercloud platform

At the SmartDev conference on May 20, 2021, Sber announced the expansion of the capabilities of SberCloud ML Space — an integrated cloud platform for the development and implementation of AI services.

21 May 2021

News/markets

Exegy and Vela merge

Exegy has merged with Vela Trading Systems, creating a global leader in low latency market data, trading platforms and predictive signals.

20 May 2021

Company update/retail

SkyPoint Federal Credit Union taps Sensibill for digital receipt management

Sensibill, the leading provider of everyday financial tools and SKU-level insights that drive personalization and help make financial wellness attainable for all, today announced that Montgomery County, Md.-based SkyPoint Federal Credit Union has launched the company’s digital receipt management solution to enhance the digital experience for members and unlock deeper, more valuable data for the institution.

20 May 2021

Company update/Artificial intelligence

VTB implements a robot for counting cash at the cashier desk

VTB has started using robots for counting of cash.

20 May 2021

Company update/sustainable

Climate science platform Cervest scores $30 million fundraise

Cervest, creator of the world's first AI-powered Climate Intelligence (CI) platform, today announced it raised a $30 million Series A round led by Draper Esprit. Cervest seeks to help enterprises, financial services companies, and governments quantify climate risk down to the asset level and, for the first time, across multiple decades and threats.

20 May 2021

Research/Artificial intelligence

Five Business Benefits for Analysing and Combatting Fraud

20 May 2021 218 downloads

Company update/security

VTB uses AI at situation centre

VTB has expanded the capabilities of its situation center, which was created as part of a large-scale digital transformation program.

19 May 2021

Company update/security

Vanquis teams with SQA Consulting to combat financial crime

Vanquis Bank has today announced a ground-breaking partnership with SQA Consulting to help combat financial crime.

19 May 2021

News/wealth

Vise raises $65m for investment management platform

AI-powered investment management platform Vise has raised $65 million in a Series C funding round led by Ribbit Capital and joined by Sequoia Capital.

18 May 2021

News/startups

CaixaBank taps into European Innovation Council network of startups

Spain's CaixaBank has signed on to the European Innovation Council (EIC) Corporate Partnership programme, working with a handful of startups on joint projects.

18 May 2021

Company update/retail

VTB implements machine learning management system

VTB has launched a machine learning (ML) model management system, a new product of the Artificial Intelligence Factory.

13 May 2021

Company update/regulation

ClearBank chooses Napier transaction screening tech

Napier, the London-based provider of next-generation anti-financial crime compliance solutions, has announced that it will be providing ClearBank, the cloud-based clearing bank, with its advanced Transaction Screening system.

11 May 2021